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While a new SEC lawsuit charges former Tricolor executives with securities fraud, lenders say buy here, pay here capital access remains largely unchanged. A lawsuit filed Aug. 18 says former Chief Executive Daniel Chu, former Chief Financial Officer Jerome Kollar and former Senior Director of Procurement Ameryn Seibold committed fraud against Tricolor’s investors by offering $800 […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
